Pinnaroo SA 5304

Phone enquiries - please quote property ID 12803

IDEAL LIFESTYLE PROPERTY WITH AN EXPANDABLE INCOME!

LIFESTYLE PROPERTY WITH INCOME - 120 ACRES WITH 26 DAMS (AQUACULTURE) + OLIVES!

This beautiful rural property features a 4 bedroom home with 12ft verandah all around and is set on 120 lifestyle acres. Quiet peaceful property which generates some income with opportunity to expand.

The quality home is a treat. There is nothing for you to do. It has been extremely well maintained and refurbished keeping original features of the home. It features:-

12 ft ornate ceilings
Jarrah floor boards throughout
Bedrooms are 5m x 5m 2 with glass door access to verandah
Country style kitchen with Redgum bench tops, WIP & dining room
Huge lounge area & room for formal dining
Slow combustion fireplace
Modern bathroom with large claw foot bath
Reverse cycle heating cooling
Two 40m x 12m sheds plus 2 storage sheds
55 Megalitre water licence with an approx value of 60.000
4 inch bore with 5hp submersible pump
1,000 mixed variety olive trees for oil producing with plenty of room to expand
26 aquaculture dams, several full & stocked with yabbies (beautiful clear water)

The property is situated 8km north township of Parilla and is centrally located between both Pinaroo and Lameroo, both of which are fully serviced country towns with hospital, schools and major shopping. Parilla itself is a small community town with a local pub and primary school.

This is an excellent opportunity for a family who wants to make that tree-change they have always aspired to. The property has the potential for much more income and diversification. There is also plenty of work in the area. It is country living at its best! To find out more contact owner today.

ABOUT THE AREA:-

Southern Mallee District is located approximately 2 hours drive east of the South Australian capital city of Adelaide. It is predominantly a farming/rural community of 2,300 people located in an area covering 6,000 square kilometres. Major employment in the area is farming or in service industries supporting the farming industry. Farming generally consists of cereal grain crops, potatoes and sheep. The district produces 22% of the state's potatoes, 7% of onions and 4% of cereal grain. It has South Australia's largest Pistachio plantation and over 100,000 olive trees under farming.

Towns in the district include Geranium (population 160), Parrakie (population 80), Lameroo (population 600), Parilla (population 80) and Pinnaroo (population 700). These towns are located adjacent to the Mallee Highway, which is the shortest travelling route between Adelaide, Canberra and Sydney.

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